Yesterday a few readers asked me about
the statement that I wrote "I got a concern
that I need to inform the readers that I am
not comfortable with the number of
"strangers" and micro-pennies in the Top Volume
and this usually signify that the "Time" may be
happening soon." Some asked what is the "Time"?
Basically, when the market is hot, there will be
rotational sectors and stocks popping up
everywhere and the micro-pennies are usually
the last being in the centre-stage. From experiences,
the "Time" of profit-taking and/or correction is
very near, according to what I see and view
from the market sentiment and happenings.
Some readers may have noticed that many stocks
close at or near to the day-low after trading most
of the time near the day-high yesterday. This is also
a clear sign that the imminent is quite near.
If the market and stocks reversed now, I believe
there will be many retailers stuck at various hot stocks.
Some readers specifically asked me when the "Time"
will arrive. This is a multi-million question that I really
don't know how to answer. I can only voice out my
concerns and my observations from my experiences.
Since I am not putting money into the market for the
time being, I will not be telling the readers to buy any
stocks now as well. My view will be negated if the stocks
breech the yesterday day-high or last Thursday day-high.
Check out the charts yourself.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
being
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, February 3, 2012
Thursday, February 2, 2012
Market View 2 February 2012
I wasn't available to write the Market View
last few days as I need to settle some
impending issues that die-die need to be
deal with. The issue is not passe and I hope
it will no longer pop-up again.
Ok, with the positive closing in both the
European and US market, the pre-opening
figures point to a rather rosy opening.
I will simply address some hot stocks and
my view on them today.
Genting fell from grace last couple of days
after hitting a high, and I believe many readers
already knew that its next support will be at the
magical number of 1.57 It really NEED to stay
above this figure to have any chance of further
upside. Falling past the 1.57 level with high volume
may triggered further selling all the way to the
1.50 level or even worse.
I am still rather bullish on STX OSV as along as
it is above 1.39, best is above 1.40 where it bounced
off days ago. Just have a ready trailing stop.
Some other hot stocks like GLP which surge past
the $2 with good momentum and volume.
So where is its next resistance? It is at 2.05
NOL is also moving up with good strength and will
face the next resistance at 1.44
I got a concern that I need to inform the readers
that I am not comfortable with the number of
"strangers" and micro-pennies in the Top Volume
and this usually signify that the "Time" may be
happening soon.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
last few days as I need to settle some
impending issues that die-die need to be
deal with. The issue is not passe and I hope
it will no longer pop-up again.
Ok, with the positive closing in both the
European and US market, the pre-opening
figures point to a rather rosy opening.
I will simply address some hot stocks and
my view on them today.
Genting fell from grace last couple of days
after hitting a high, and I believe many readers
already knew that its next support will be at the
magical number of 1.57 It really NEED to stay
above this figure to have any chance of further
upside. Falling past the 1.57 level with high volume
may triggered further selling all the way to the
1.50 level or even worse.
I am still rather bullish on STX OSV as along as
it is above 1.39, best is above 1.40 where it bounced
off days ago. Just have a ready trailing stop.
Some other hot stocks like GLP which surge past
the $2 with good momentum and volume.
So where is its next resistance? It is at 2.05
NOL is also moving up with good strength and will
face the next resistance at 1.44
I got a concern that I need to inform the readers
that I am not comfortable with the number of
"strangers" and micro-pennies in the Top Volume
and this usually signify that the "Time" may be
happening soon.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Monday, January 30, 2012
Market View 30 January 2012
Hello Everyone, once again, I would like
to wish all a very Happy Chinese New Year
and may the Water Dragon year brings you
wealth and happiness, and most importantly,
a very healthy mind, soul and body!
Ok, for those who have emailed me last week
with any questions, I am very sorry that I
have not reply to you yet. I will take a while
to answer all the questions in the email.
It may be a late reply but I will still give you a
satisfactory one.
I know that a lot of people are saying that the
current market is overbought and it should not
go up any more. Obviously, such a view is very
narrow-minded and bias, and you may not get
what you want after-all. The market can stay
overbought after overbought for a pretty long
time and you may end up losing a great opportunity
to ride on a good wave. It is this reason that I
always tell the readers to keep a trailing stop with
all stocks. If the stock and/or the market reverse,
you will be stop-out but still with a reasonable
profits with all the effort. You can also choose to
sit on the sideline and praying for the "crash"
to come so that you can buy some stocks at cheap.
But trust me, even if the stocks drop now, you will
still not be buying, as your mindset will change to
"I will see how and where the market will fall to
then I will pick up" It will be all back to square one.
I can only say that from my trusted chart, some stocks
have already stop and reversed last Thursday while
some are still in the bullish mood. I have say this many
times and I will say it again, Look at the VOLUME!
Many books that you read may provide little or no
importance to the trading volume, but to me it is THE
most important thing to look at in partner with the price
action of the day. The entire trend and momentum may
turn with just a strong volume on a particular session.
Stick to the greens and have a ready trailing stop.
The stocks that I mentioned at the beginning of the
year have performed remarkably, and I am glad to
know that quite a handful of readers had benefited from
one or a few of the stocks that I recommended. Some
have taken the profits and enjoy a good CNY celebration
while I know of some who are still in a the stock(s) and
sitting on a succulent profits.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
to wish all a very Happy Chinese New Year
and may the Water Dragon year brings you
wealth and happiness, and most importantly,
a very healthy mind, soul and body!
Ok, for those who have emailed me last week
with any questions, I am very sorry that I
have not reply to you yet. I will take a while
to answer all the questions in the email.
It may be a late reply but I will still give you a
satisfactory one.
I know that a lot of people are saying that the
current market is overbought and it should not
go up any more. Obviously, such a view is very
narrow-minded and bias, and you may not get
what you want after-all. The market can stay
overbought after overbought for a pretty long
time and you may end up losing a great opportunity
to ride on a good wave. It is this reason that I
always tell the readers to keep a trailing stop with
all stocks. If the stock and/or the market reverse,
you will be stop-out but still with a reasonable
profits with all the effort. You can also choose to
sit on the sideline and praying for the "crash"
to come so that you can buy some stocks at cheap.
But trust me, even if the stocks drop now, you will
still not be buying, as your mindset will change to
"I will see how and where the market will fall to
then I will pick up" It will be all back to square one.
I can only say that from my trusted chart, some stocks
have already stop and reversed last Thursday while
some are still in the bullish mood. I have say this many
times and I will say it again, Look at the VOLUME!
Many books that you read may provide little or no
importance to the trading volume, but to me it is THE
most important thing to look at in partner with the price
action of the day. The entire trend and momentum may
turn with just a strong volume on a particular session.
Stick to the greens and have a ready trailing stop.
The stocks that I mentioned at the beginning of the
year have performed remarkably, and I am glad to
know that quite a handful of readers had benefited from
one or a few of the stocks that I recommended. Some
have taken the profits and enjoy a good CNY celebration
while I know of some who are still in a the stock(s) and
sitting on a succulent profits.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Sunday, January 29, 2012
人日留言
今天是人日， 是每个人的生日.
祝人人， 天天开心， 生活富裕，
快乐， 充实, 知足。
人人安居乐业， 世界和平!
天灾人祸，走开吧!
烦恼忧愁，都没了!
天天沐浴春风， 如鱼得水!
发啊! 发啊! 发啊!
This was what I written and wish for all
the readers last year and I am wishing for
the same thing this year to all the readers.
Happy Chinese New Year to all the readers
once again.
祝人人， 天天开心， 生活富裕，
快乐， 充实, 知足。
人人安居乐业， 世界和平!
天灾人祸，走开吧!
烦恼忧愁，都没了!
天天沐浴春风， 如鱼得水!
发啊! 发啊! 发啊!
This was what I written and wish for all
the readers last year and I am wishing for
the same thing this year to all the readers.
Happy Chinese New Year to all the readers
once again.
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